Active

517 Oak Street

AUBURNDALE, FL 33823
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Bed 5

Bed

Bath 4

Bath

SqFt2,159

Sqft

Acres0.19

Acre(Lot)

Turnkey Duplex Investment Opportunity | Fully Leased | Strong Cash Flow | Auburndale, FL Exceptional income-producing duplex in the heart of Auburndale, Florida, offering immediate cash flow with both units currently leased. This turnkey multifamily property is an excellent opportunity for investors seeking stable rental income in the growing Polk County market. The property features a spacious 4-bedroom, 3-bathroom residence leased at $1,500 monthly and a well-appointed 2-bedroom, 2-bathroom residence leased at $1,400 monthly, generating $2,900 in monthly rental income ($34,800 annually). The owner has invested approximately $80,000 in renovations and improvements, enhancing the property's value while helping reduce future maintenance costs. Well maintained with dependable tenants alre ady in place, this duplex allows the new owner to begin receiving rental income immediately after closing. Ideally located near Interstate 4, the property provides convenient access to Lakeland, Winter Haven, Orlando, and Tampa. Shopping, dining, schools, parks, medical facilities, and major employers are all just minutes away. Investment Highlights Fully leased duplex Immediate rental income Monthly rental income of $2,900 Approximately $80,000 in recent upgrades Separate living spaces with excellent rental appeal Ideal for investors seeking consistent income Strong rental market in Central Florida Convenient access to I-4, Lakeland, Winter Haven, Orlando, and Tampa Excellent addition to any real estate investment portfolio Whether you're completing a 1031 Exchange, expanding your portfolio, or purchasing your first multifamily investment, this Auburndale duplex offers an exceptional opportunity to own an established income-producing property in one of Central Florida's fastest-growing areas. Seller is motivated! Don't let the asking price stop you. This is an outstanding opportunity to own a well-maintained, income-producing property in one of Central Florida's fastest-growing markets. Schedule your private showing today!

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Detail Ic Property Details

Property Type : Residential

Price : $389,900

AD Id : 87630742

MLS Id : MFRO6422400

Beds : 5

Lot Size : 0.19 Acre

Living Area Size : 2,159

Year Built : 1930

County : Polk

Subdivision: Auburndale Heights

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Feature Features

  • Bedroom Information

    Total Bedroom: 5

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Interior Features

    Ceiling Fans(s) Roof: Shingle Appliances: Cooktop, Microwave, Range, Refrigerator Laundry Features: None

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Luxury Vinyl Construction Materials: Stucco, Frame
  • Heating & Cooling

    Heating: Central, Electric Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1930
  • Exterior Features

    None Construction Materials: Stucco, Frame Foundation Details: Slab

  • Lot Information

    Lot Dimensions: 57x143 Lot Square Feet: 8111 Lot Acres: 0.19 Lot Size (SqMt): 754

    Property Information

    Property Type: Residential Sub Type: Half Duplex

  • Listing Price Information

    Original List Price:$389900

  • Tax Information

    Tax Block: 17 Tax Book Number: 2-13 Tax Lot: 14 Tax Legal Description: AUBURNDALE HGTS PB 2 PG 13 BLK 17 LOT 14 Annual Tax: $3322.4 Tax Year: 2025 Parcel Number: 25-28-11-336500-017140

  • Utility Information

    BB/HS Internet Available, Cable Available, Electricity Available Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: AUBURNDALE HEIGHTS City: AUBURNDALE Direction: 6th ST NW (Hwy 17 N), left on Havendale Blvd (544) to Magnolia. Make left on Oak, house on left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Undisclosed Address, Auburndale, FL, 33823 $299,000 4 2 1,869 1,869 SqFt
725 Auburn Preserve Bou.., Auburndale, FL, 33823 $298,100 3 2 1,631 1,631 SqFt
910 Liberty Lane, Auburndale, FL, 33823 $365,000 3 2 1,540 1,540 SqFt
559 Waterfern Trail Drive, Auburndale, FL, 33823 $699,000 3 4 2,407 2,407 SqFt
224 Valencia Ridge Drive, Auburndale, FL, 33823 $715,000 4 3 2,533 2,533 SqFt
501 Adams Barn Road, Auburndale, FL, 33823 $3,900,000 7 9 9,222 9,222 SqFt
492 Adams View Lane, Auburndale, FL, 33823 $805,000 4 3 2,701 2,701 SqFt
485 Adams View Lane, Auburndale, FL, 33823 $725,000 4 4 2,816 2,816 SqFt
212 Kaylor Drive, Auburndale, FL, 33823 $299,000 2 1 672 672 SqFt
31 Morgan Street, Auburndale, FL, 33823 $680,000 4 2 1,897 1,897 SqFt
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ByOwner last updated this listing 07/07/2026 @ 18:20

MLS: MFRMLS #O6422400 LISTED BY: Merly Esgro, IAD REAL ESTATE 407-720-0020 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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